Chinese Yuan Appreciates To More Than 1-year High Against U.S. Dollar
The Chinese yuan firmed against the U.S. dollar in the Asian
session on Tuesday, after a private survey showed that China's
manufacturing activity expanded in August at the fastest pace since
January 2011.
Survey from Caixin showed that manufacturing Purchasing
Managers' Index rose to 53.1 from 52.8 in July.
The data indicated signs of economic recovery from the
pandemic.
The yuan rose to 6.8185 against the greenback, its highest level
since May 2019. The next possible resistance for the yuan is seen
around the 6.7 level.
The People's Bank of China set today's central parity rate of
the yuan at 6.8498 per dollar, compared to Monday's rate of 6.8605.
The Chinese central bank sets central parity rate every morning and
allows the yuan to fluctuate up to 2 percent from that level.
US Dollar vs CNY (FX:USDCNY)
FXチャート
から 3 2024 まで 4 2024
US Dollar vs CNY (FX:USDCNY)
FXチャート
から 4 2023 まで 4 2024
